New product development suite by Investzoom

Despite of the economic downturn, there is never bad time for any manager to envisage ways of delivering better value to their clients. The time of recession might be even better for this.

For Investzoom Market Research new product development programmes always has been and is the cutting edge of its marketing intelligence activity. Please find below the core area of our expertise by the following research programmes’ components:

Segmentation of the product development process

The development process of any new product on any new market is rather time consuming, and we are talking about real impact to the market, not the one time commodity trade.

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The research for new product category

As the common fact is, any issue regarding branding, brand equity, brand essence etc. is strictly connected with existing category of product. You cannot examine brand connotations or drivers for brand selection if this category of products/services does not simply exists.

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New market positioning research

Market positioning research programme consist off some branding, awareness and segmentation components. This might be an integral part of New Product Development programme, however, this approach may be also used for any other concepts.

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New product development research cycle

In light of this the initial assessment and workshop is crucial, in order to understand precisely the recent product development cycle. Only in such a case the creativity of our locally based research team might be useful for study designing and implementing.

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New Market Positioning Market Research

Market positioning research programme consist off some branding, awareness and segmentation components. This might be an integral part of New Product Development programme, however, this approach may be also used for any other concepts.

The clarification of this programme is quite simple – utilising various research subprograms and techniques we would focus on your recent position in one or many Eastern European markets.

Furthermore and despite bringing the recent status of your market situation this type of study could point out specific niches or gaps worth your attention in the future.

The primary level of this approach is in depth understanding of your recent positioning concept, especially regarding your branding positioning strategy, your clients profile and what is most important gathering some vital ideas, to be acknowledged what are your country to country goals in the Eastern Europe.

The reason this knowledge might be considerable is simple but robust. You might have slightly different business idea for the Eastern Europe for your products/services than we will have (e.g. you do not need direct pitches, although prefer constitution and expansion of local dealers network, or you might have limited or different concept of ideal client’s profile).

The research conduct:

Especially for business to business conduct it is vital to start with qualitative methods in order to verify the positioning of development strategy. We usually start with qualitative research on a small sample utilising depth interviews. For this we also use non directive design and style of interviewing combined with projective interviewing techniques. In such a case we limit a number of strict and close ended questions, and just by stimulation of your target audience by the open ended ones, we listen them carefully. This might create more personal engagement from the respondent side, illuminating natural and objective sounding responses.